How Changes to FICO Scoring Could Impact Buyers
The way FICO scores are calculated is changing this summer, and the move could make it tougher for some Americans to get approved for a mortgage, The Wall Street Journal reports. Fair Isaac Corporation, more commonly known as FICO, will soon start more harshly penalizing the scores of consumers who have rising debt levels or who fall […]
3 Staging Trends That May Turn Off Buyers
Home staging can show off a home in its best light. Adding simple, updated decor can make a space feel warm and inviting. But there are a few popular trends in home design that stagers say you should avoid when prepping a home for sale: Too many mixed metals Mixed metals are a hot home […]
Major Loan Types Every Homebuyer Should Know
Buyers must choose between fixed-rate and adjustable-rate mortgages, and they’ll have to determine if they want a conventional or government-backed loan.
January Expected to Be Hot for Home Shoppers
The busy home-shopping season will start early in January this year, according to forecasters.
Should You Sell Your Home Over the Holidays?
Serious buyers are still out there and the holidays may be a great time for you to list your home.
Why do buyers love mid-century modern?
Mid-century modern – the design trend is taking over everything from furniture to wall decor to light fixtures.
How to Make Your Houseguest Feel Like a Rock Star
Give your guests the rock-star treatment with a few thoughtful and easy ideas for your guest room.
Why Millennials Love Mid-Century Modern Homes So Much
Mid-Century Modern design gets name-dropped a lot these days and can be seen everywhere from the Museum of Modern Art to the Target catalog.
If I hope to buy a house in the next year, how can I prepare my finances? What expenses should I minimize or avoid?
Most homebuyers prepare in advance by saving for a down payment, but the down payment is only one financial factor of many that buyers need to have in order before getting a mortgage.
How Do I Choose the Right Size Rug for a Room?
Choosing the right rug for a space can be tricky if you don’t know the rules that interior designers live by.
After lightning destroyed home, owner rebuilt $1.9M Prior Lake estate
Not many homeowners can say they built the same house twice. Mike and Kathy Viola can. In 2007, the couple built a large “European country casual” home on 2.5 acres in Prior Lake overlooking the Credit River basin.
iBuyers: What you need to know about selling your home with an online investment firm
Key insights:
Large online investment firms known as “iBuyers” provide automated offers to home sellers.
Before selling with an iBuyer, homeowners should know how their algorithms work to generate offers — and how these offers may differ from a traditional buyer’s offer.
New data shows that selling to an iBuyer could cost the seller 2-3 times more than when they sell with a traditional real estate agent who earns a commission.